TCS Partners with Euroclear for Sweden’s Central Securities Depository

Photo courtesy - Ashkan Forouzani/Unsplash

TCS, a provider of IT services, consulting and business solutions, has announced the expansion of its long-standing partnership with Euroclear Group to drive the next phase of transformation for Sweden’s Central Securities Depository (CSD). As part of this initiative, Euroclear Sweden will deploy TCS BaNCS for Market Infrastructure and Quartz, TCS’ advanced digital solutions, to build a resilient, future-ready, and scalable CSD platform aligned to evolving European market standards.

TCS BaNCS for Market Infrastructure will enable Euroclear to meet the evolving needs of financial market infrastructure institutions, supporting end-to-end operations across asset classes, including core registry, depository services, cross-border settlement and asset servicing. Complementing this, TCS’ Quartz will leverage distributed ledger technology and AI to support tokenised assets, decentralised settlements and real-time, actionable insights. Contd

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Palo Alto Networks Completes Acquisition of Portkey

Palo Alto Networks, a cybersecurity company, has announced it has closed the acquisition of Portkey, a pioneer in AI Gateways. This acquisition establishes the AI Gateway as a mission-critical control plane for the enterprise, enabling organisations to accelerate AI innovation with confidence.

As organisations move from simple chatbots to autonomous AI agents that take action they face a trust gap. Giving AI the power to execute tasks independently introduces new risks of unauthorised actions, data exposure and unchecked costs. To bridge this, an AI Gateway acts as the central nervous system for all AI traffic. It delivers the essential capability to monitor, orchestrate and govern agent interactions, helping ensure that every request is routed to the best model for the job, monitors token usage to help prevent runaway costs and provides a critical layer of runtime protection to help stop malicious or unintended AI behavior in real-time. Contd

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IATA Launches World Maintenance & Engineering Symposium

 Photo - Fito/Freerange Sock

The International Air Transport Association (IATA) announced the launch of the World Maintenance & Engineering Symposium (WMES). Under the theme “Reviving the Supply Chain” the event will address supply chain failures and other challenges in maintenance and engineering. The Symposium will take place in Madrid, Spain, on 24th–25th June 2026.

“Supply chain instability, engine maintenance bottlenecks, and aircraft delivery delays are holding back efficiency and driving up costs. The first WMES is an opportunity for the industry to collectively explore and action practical solutions to restore reliability and reinforce resilience,” said Willie Walsh, IATA’s Director General. Contd

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South Africa to be Country in Focus at European Film Market

South Africa has been selected as the “Country in Focus” for the upcoming edition of the Berlinale European Film Market (EFM). As one of Africa’s most globally integrated and diversified economies, South Africa is home to a dynamic and internationally connected film industry that combines creative excellence, strong production capabilities and growing global market relevance. With internationally acclaimed filmmakers, diverse storytelling traditions, world-class crews and competitive production infrastructure, the country has established itself as a key partner for the international film and media industry.

South African cinema has long been part of the Berlinale’s history. Over the past decades, South African filmmakers and productions have regularly been represented across the festival and market programmes, reflecting the country’s creative diversity and international resonance. In 2005, U-Carmen eKhayelitsha by Mark Dornford-May became the first South African film to win the Berlinale’s Golden Bear, marking a milestone in the festival’s relationship with the country’s cinema. Contd

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Corporates Ready to Move Forward on Carbon Removal Purchasing - Research

Companies see carbon dioxide removal (CDR) as essential to reaching net zero, but are holding back on investment until policy and reporting rules become clearer, creating a "wait-and-see" market, new research from the Carbon Business Council finds.

The data is based on in-depth interviews with senior sustainability leaders across Fortune 1,000 companies in the United Kingdom, United States, Germany and France, all with net zero commitments but no formal carbon removal purchasing strategies. It finds that while companies see carbon removals as essential to achieving net zero, they need clear policy frameworks to justify meaningful near-term investment. The research was led by Bellwether Research. Contd

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